Bloomberry to Open Resort-Casino Development on March 16

MANILA--Bloomberry Resorts Corp. (BLOOM.PH) Wednesday said it
will open on March 16 the first phase of Solaire Manila, its
integrated resort and casino development in Entertainment City,
the Philippines' answer to the Las Vegas Strip.

It said it has hired about 400 people for the 500-room hotel and
casino.

Many of the most modern "gaming equipment and facilities are
installed and will be used in Solaire Manila," Bloomberry said in
a filing to the stock exchange.

It said it will finish the second phase adding 300 more rooms in
2 years' time. It said it will have spent $1.2 billion on the
project once completed.

Bloomberry is one of four licensed to operate casinos in
Entertainment City, a 100 hectare development on land reclaimed
from Manila Bay.

State gaming agency Philippine Amusements and Gaming Corp.
expects Entertainment City to push annual gaming revenue to as
much as $10 billion after developments by the four are completed
by 2016, from around $2 billion last year.